Hiscox puts Hurricane Harvey claims at $150 mln

CarloMartuscelli

Hiscox Ltd. (HSX.LN) said Monday it estimates net claims from Hurricane Harvey will total $150 million and that it will announce an estimate for Hurricane Irma once the storm's impact becomes clearer.

The insurer said Harvey--which made landfall in the south of the U.S.--impacted two of its areas of exposure: its insurance business and its insurance lines that include flood cover for homeowners as well as businesses.

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